Showa Denko Revises Forecast of Consolidated Performance, and to Record Impairment Losses (Extraordinary Losses)
TOKYO, Feb 12, 2021 - (JCN Newswire) - Showa Denko (SDK; TSE: 4004) announces that it revises its forecast of consolidated business results for the year ending on December 31, 2020, which was announced on August 12, 2020, taking the latest economic conditions into consideration. SDK also announces that it will record losses due to impairment (extraordinary losses) in its 2020 consolidated financial statements.
1. Revision of forecast of consolidated business results for January 1 - December 31, 2020
(1) Revised forecast of consolidated business results for January 1 - December 31, 2020 See www.sdk.co.jp/assets/files/english/news/2021/20210212 sdknewsrelease e.pdf